China regulators acknowledge need for futures

Speaking at a derivatives forum in Shenze, Chinese
regulators have acknowledged that expanded futures market
coverage would be helpful to the countrys
economy.

According to Jiang Yang, assistant to the chairman at China
Securities Regulatory Commission (CSRC), the countrys
economy now demands a wider and deeper futures product suite,
including equity products, other financials, foreign exchange
and energy  including oil  contracts.